Latham & Watkins Advises on €1.2 Billion Bond and €175 Million Revolving Credit Facility for Maxam
Latham & Watkins has advised the initial purchasers in connection with the €1.2 billion bond issuance consisting of euro and US dollar-denominated fixed rate senior secured notes due 2030 by Maxam Prill, the parent of Maxam, a leading civil explosives company. In the context of the transaction, Maxam also entered into a new revolving credit facility for an amount up to €175 million.
The Latham team was led by partners Jeff Lawlis and Roberto Reyes Gaskin, with associates Daria Latysheva, Summer Xia, Madeleine Hahn de Bykhovetz, and Hana Ladhari for capital markets matters, and partners Dan Maze and Fernando Colomina, with associates Philipp Hagenbuch, Lourdes Colom, Ajay Agarwal, and Jaime Grau for banking matters. Advice was also provided on Spanish corporate matters by partner Alejandro Ortiz and associate José Luis Bootello; on Spanish tax matters by partner Ivan Rabanillo; on English tax matters by partner Karl Mah and associate Nicole Lim; and on US tax matters by partner Ana O’Brien and associate Claire Park.